To: All Member Banks and Others Concerned in the Third Federal Reserve District

Attention: Chief Executive Officer



On June 17, 2002, the Federal Reserve Board announced that it is seeking nominations for appointments to its Consumer Advisory Council. The Council advises the Board on the exercise of its responsibilities under the Consumer Credit Protection Act and on other matters on which the Board seeks advice. The group meets in Washington, D.C., three times a year. Ten new members will be appointed to serve three-year terms beginning in January 2003.

Nominations should include a résumé and the following information about nominees:

  • Complete name, title, address, telephone and fax numbers, and e-mail address;
  • Organization's name, brief description of organization, address, telephone and fax numbers;
  • Past and present positions;
  • Knowledge, interests, or experience related to community reinvestment, consumer protection regulations, consumer credit, or other consumer financial services;
  • Positions held in community and banking associations, councils, and boards.

Nominations should also include the complete name, organization name, title, address, telephone and fax numbers, and e-mail address for the nominator.

Date: Nominations must be received by August 19, 2002.

Address: Electronic nominations are preferred. The appropriate form can be accessed on the Board of Governors' public website. If electronic submission is not feasible, nominations can be mailed (not sent by facsimile) to Sandra F. Braunstein, Assistant Director, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System, Washington, D.C. 20551.

Comment Requested: Comments must be provided no later than 5:00 p.m. on September 23, 2002 and should be submitted electronically to the FFIEC web site, (click on the option

Additional Information: A copy of the draft guidance is attached (18 KB, 5 pages). For additional information, contact David Skidmore at the Federal Reserve Board at (202) 452-2955.